Business Development Manager
ColoplastAbout the role
As a Business Development Manager you will be a key member of the team responsible for identifying, assessing, proposing and coordinating the execution of inorganic growth opportunities on behalf of the Interventional Urology (IU) business. You will lead analysis and create recommendations to various functional teams and Senior Leaders in Interventional Urology. This is a position of high visibility and strategic importance. You will collaborate with the Minneapolis and Denmark Strategy and Business Development teams to scan and track market opportunities, establish critical relationships, educate IU and corporate leadership, and bring forward priority opportunities that align with IU's growth objectives. As the business pursues an ambitious global growth strategy, you will play a central role in ensuring that promising technologies, partners, and businesses are visible to the IU business and incorporated into our inorganic pipeline. This position is based at IU headquarters in Minneapolis, MN but global in scope.
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Major Areas of Accountability
- Support the pursuit of global inorganic growth opportunities that are aligned with the IU growth strategy
- Prepare market taxonomy and/or market space gap analysis and identify specific potential targets for acquisition, partnership or otherwise
- Track market trends and competitive developments and share insights from analysis, including in existing markets and evaluating entry into new markets
- Profile, track, contact and engage prospective targets
- Prepare discussion, communication and internal approval materials as needed in support of potential opportunities
- Maintain effective relationships, in partnership with IU leadership, with investment bankers and other M&A-related consultants
- Build financial models for acquisitions and investments in collaboration with cross-functional leaders
- Formulate recommendations on acquisition structure and financial analysis including valuation and modeling
- Assemble and lead commercial due diligence team to evaluate opportunity and target, translate findings into forecast, and identify integration planning implications
- Partner with Corporate Strategy and BD in Denmark to align, educate and ensure support where required
- Support the planning and execution of integrations, where appropriate
- Collaborate with cross-functional teams on other strategic projects as they arise and are prioritized Coloplast employees are required to conduct business to the highest ethical and professional standards; comply with applicable laws and regulations, the Advamed Code of Ethics on Interactions with Healthcare Professionals, and company policies.
- Other duties as assigned
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Basic Qualifications
- 4+ years experience in progressively expanding corporate development, business development or strategy roles. Medical Device industry experience preferred.
- Demonstrated ability to work as a team player in a dynamic environment
- 2+ years in an investment banking or consulting environment is strongly preferred
- BA or BS degree in Business, Marketing, Analytics, Math or Statistics; MBA or relevant Masters-level degree preferred
- Strong strategic, financial and business acumen, relationship building skills, and communication skills
- Exceptional interpersonal skills with a high degree of personal integrity, compassion and savvy to foster a collaborative and partnership-based approach to achieve company initiatives, with both internal business partners, as well as, external companies.
- Experience in a variety of BD structures and transaction types, incl
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